savings

Why budgeting is important regardless of salary

 

Many people consider budgeting only considered important for those on smaller salaries or with huge expenses but the truth is that even the largest salary can be mindlessly spent. Indeed often the more we earn the more we spend so the need to budget is important no matter what we earn.

 

When we budget effectively we create a financial plan which will enable us to reach our goals, have enough savings should we lose our job (worst case scenario I know but still vital) and plan for the unexpected and the future (kids, insurances, pension).

 

If you suspect you don’t earn enough to budget to accomplish all that, you may be pleasantly surprised! Whilst it may take longer to reach your goals they are still achievable and with so many price comparison websites out there finding the right insurance at the best rates has never been so easy! Even saving a little every month can have a big impact when you think of how much you will save in a year.

 

If you are fortunate enough to have a comfortable salary you too may be surprised that by more intentional spending could you enable you to achieve your goals faster, save more and spend less without having it drastically impact your quality of life.

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Two Year Budget Template

Hi All,

 

Just so you have all the tools you need to make 2016 the year you get control over your finances, helping you to effectively design the life you long for, I have designed a two year budget, including all the formulas you’ll need so that it will automatically calculate your savings in a spreadsheet format. This will help you to complete the process of your financial audit.

 

Download “Two-Year-Budget.xlsb” Two-Year-Budget-Posted-14.01.16.xlsb – Downloaded 147 times – 15 KB

 

Happy budgeting everyone!

 

Wishing you a prosperous year,

 

x X x Jenny Leigh x X x